E Chandler Heights Road - Vacant Land, Gilbert, AZ

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NEC Val Vista & Chandler Heights

Gilbert, AZ 85298 - Gateway Airport/Loop 202 Submarket

Property Type:LandParcel Size:15.75 AcresZoning:C-2

For Sale Price:$5,488,560Price/Acre:$348,480Price/SF:$8.00

Topography:Level

Proposed Use:Retail, Office

On-Site Improv:Raw land

The subject property is 15.45 acres of vacant land located on the northeast corner of Val Vista Drive and Chandler Heights Road in Gilbert, AZ. Proposed uses include power center, strip center and an office/retail building.

Tax Parcel Number: 304-76-221

Sale Notes:FUTURE AREA DEVELOPMENT: Construction of Gilbert’s multi-use regional park will begin in fall of 2018. The 272 acre park will be built in the Chandler Heights Basin at Chandler Heights and Greenfield Roads. When complete, the Regional Park will include retail space, sports fields, a man-made lake, a multi-use center and amphitheater.

Nestled in South Gilbert, this offering has the potential to serve the surrounding affluent community. High ranking schools, and luxury residential developments such as Falcon Estates, Vasaro, and Reid Ranch are minutes away. Golf course are abundant in the Gilbert area including Seville Golf Club and Trilogy Golf Course at Power Ranch. Area retail is limited which creates a potential opportunity gap for future owners/developers of the site.